NMFC stock dividend – NEW MOUNTAIN FINANCE: Dividend Increase and Lower Price Make Now the Time to Invest

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New Mountain Finance ($NASDAQ:NMFC), a publicly traded business development company, offers investors a unique opportunity to capitalize on its current favorable conditions. Furthermore, its stock is currently trading at a 7% discount to net asset value, representing a great value-for-money opportunity. Both experienced and novice investors can benefit from investing in New Mountain Finance, as it provides wide diversification across multiple sectors. The company has a history of delivering stable returns and has been rated highly by leading credit agencies such as Moody’s and Standard & Poor’s. It is also favored by analysts and financial advisors for its competitive advantage in the industry.

Overall, New Mountain Finance offers investors an excellent chance to capitalize on its current favorable conditions. Its increased dividend and lower stock prices make now the time to invest. Don’t miss out on this unique opportunity and consider investing in New Mountain Finance today.

Dividends – NMFC stock dividend

NEW MOUNTAIN FINANCE is an attractive stock for investors who are looking for a steady stream of dividend payments. In the last three years, the company has consistently issued an annual dividend per share of 1.22 USD, with a dividend yield of 9.45%. This makes NEW MOUNTAIN FINANCE a strong option for any investor focused on dividend stocks. For those interested in dividend investing, NEW MOUNTAIN FINANCE presents an excellent opportunity. With reliable and consistent dividend yields, investors can benefit from a steady income while also benefiting from the potential increase of stock prices.

By investing now while the price is low, investors may be able to maximize their returns. Overall, NEW MOUNTAIN FINANCE has shown itself to be a reliable and attractive investment for dividend-seeking investors. With regular dividends and a lower stock price, now is a great time to get in on the company and benefit from its strong potential returns.

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for NMFC. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for NMFC. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for NMFC. More…

Key Ratios Snapshot

Some of the financial key ratios for NMFC are shown below. More…

Price History

On Tuesday, NEW MOUNTAIN FINANCE stock opened at $11.9 and closed at the same price with a 0.5% decrease from its previous closing price. This increase in dividend gives investors an opportunity to take advantage of the high yield and consistent returns. In addition, the current price of the stock at $11.9 represents an attractive value for investors who are looking to invest in a high-quality company with strong fundamentals. The company’s strong fundamentals and attractive value make it an ideal investment opportunity for those who are seeking consistent returns with a high yield. Live Quote…

Analysis – NMFC Stock Intrinsic Value

GoodWhale has conducted a thorough analysis of the fundamentals of NEW MOUNTAIN FINANCE. After careful consideration, our proprietary Valuation Line has calculated the fair value of a NEW MOUNTAIN FINANCE share at $12.3. Interestingly, the stock is presently being traded at $11.9, representing a 3.4% undervaluation from the fair price. We thus believe NEW MOUNTAIN FINANCE stock to be an attractive investment opportunity. More…

Peers

The competition between New Mountain Finance Corp and its competitors, First Eagle Alternative Capital BDC Inc, BlackRock TCP Capital Corp, and Crescent Capital BDC Inc, is fierce. All four companies are leading players in the business development company (BDC) sector, and each is determined to make their mark in the industry. Their success ultimately comes down to the quality of their services, their ability to find and close deals, and their commitment to providing a superior customer experience.

– First Eagle Alternative Capital BDC Inc ($NASDAQ:FCRD)

First Eagle Alternative Capital BDC Inc is a business development company that provides investment capital to small and mid-sized businesses. It operates through two divisions, Private Equity and Private Credit. The company has a market cap of 128.96M in 2023 and a Return on Equity of -11.78%. This market cap indicates that the company’s stock is not very attractive to investors, as the return on equity indicates that the company is not generating enough profits to justify its market valuation. Despite this, First Eagle Alternative Capital BDC Inc remains a popular choice among investors due to its focus on providing capital to small and mid-sized businesses.

– BlackRock TCP Capital Corp ($NASDAQ:TCPC)

BlackRock TCP Capital Corp is a business development company that provides customized financing solutions to middle-market companies in the United States and Europe. With a market cap of 753.86M as of 2023, the company has established itself as one of the largest and most successful financial institutions in the world. Its Return on Equity (ROE) of 5.48% demonstrates the company’s ability to generate returns for its shareholders. BlackRock TCP Capital Corp offers a wide range of debt and equity products to its clients, including subordinated debt, senior secured debt, mezzanine debt, and equity investments. The company provides financing solutions to companies seeking to expand, refinance, recapitalize, or reposition their businesses.

– Crescent Capital BDC Inc ($NASDAQ:CCAP)

Crescent Capital BDC Inc is a publicly-traded business development company that provides debt and equity capital to small and middle-market companies in a variety of industries. The company has a current market capitalization of 409.57 million dollars, reflecting its current size and success in the market. In addition, Crescent Capital BDC Inc has an impressive Return on Equity (ROE) of 2.78%, indicating that the company is efficiently utilizing its capital to generate strong returns for shareholders.

Summary

New Mountain Finance Corporation is a business development company that provides debt financing solutions to middle-market companies. Recently, they have released a 7% discount to their net asset value (NAV) and announced a dividend increase. This provides an attractive opportunity for investors looking to buy the dip in this stock.

Overall, New Mountain Finance has a solid long-term track record of providing debt financing solutions to middle-market companies and has demonstrated a commitment to returning value to shareholders through both dividends and NAV discounts. With this in mind, investors should seriously consider adding New Mountain Finance to their portfolios.